Lagos, Nigeria
BUA Cement Plc., headquartered in Nigeria, is a prominent player in the African cement industry. Founded in 2008, the company has grown to become the second largest cement producer in the Nigerian market, with a combined installed capacity of 11 million mtpa. The company enjoys a significant market capitalization of N1.18 trillion (US$3.3 billion), solidifying its position as the largest cement producer in the North Western region of Nigeria.
The company operates across several industries, including Consumer Goods, Manufacturing, Marketing, and Construction. In June 2023, BUA Cement secured a substantial $744 million Post-IPO Debt investment. The investment was backed by major financial institutions such as the International Finance Corporation, DEG, Africa Finance Corporation, and African Development Bank.
The company's slogan, “BUA Cement. The King of Strength.”, emphasizes its dominance and reliability in the cement sector. For investors, BUA Cement represents stability and growth potential within a rapidly developing economy.
